Colleagues from the International Maritime Organization and the International Renewable Energy Agency,
Ladies and gentlemen,
Dear friends,
Our maritime transport system is the lifeblood of the global economy, facilitating over 80 per cent of the world's trade volume.
Yet, this vital sector also contributes to nearly 3 per cent of global greenhouse gas emissions.
As sea-borne trade has grown, emissions have escalated by 20 per cent in just the past decade, a trajectory we simply cannot afford to continue.
Our message today, here at the COP, is very clear: bold, global action is necessary to decarbonize shipping.